GURUFOCUS.COM » STOCK LIST » Technology » Software » Sofcom Systems Ltd (BOM:538923) » Definitions » Forward Dividend Yield %

Sofcom Systems (BOM:538923) Forward Dividend Yield % : 0.00% (As of Jun. 10, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Sofcom Systems Forward Dividend Yield %?

As of today (2024-06-10), the Forward Annual Dividend Yield of Sofcom Systems is 0.00%.

As of today (2024-06-10), the Trailing Annual Dividend Yield of Sofcom Systems is 0.00%.

BOM:538923's Forward Dividend Yield % is not ranked *
in the Software industry.
Industry Median: 2.045
* Ranked among companies with meaningful Forward Dividend Yield % only.

Sofcom Systems's Dividends per Share for the three months ended in Dec. 2023 was ₹0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Sofcom Systems's Forward Dividend Yield %

For the Information Technology Services subindustry, Sofcom Systems's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sofcom Systems's Forward Dividend Yield % Distribution in the Software Industry

For the Software industry and Technology sector, Sofcom Systems's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Sofcom Systems's Forward Dividend Yield % falls into.



Sofcom Systems Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.


Sofcom Systems  (BOM:538923) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Sofcom Systems Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Sofcom Systems's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sofcom Systems (BOM:538923) Business Description

Traded in Other Exchanges
N/A
Address
D-36, Subhash Marg, Flat No. 802 Sheel Mohar Apartment, C-Scheme, Jaipur, RJ, IND, 302001
Sofcom Systems Ltd provides consultancy for software development in the form of services, turnkey projects, and products for the domestic and export market. The software development is targeted towards the distribution, banking, telecommunication, and manufacturing sectors. It also offers software maintenance, reengineering, and downsizing of software applications in these market segments. The company is providing information technology solutions to both commercial and government clients. The Company is engaged in the trading of Software & other items and providing software consultancy in India. The Company derives revenues from sale of software and consultancy.

Sofcom Systems (BOM:538923) Headlines

No Headlines